Tuesday, March 1, 2016

YourMechanic Parks $24M Round For On-Demand Car Repair

Mountain View-based YourMechanic, a startup offer up on-demand, Uber-style access to auto mechanics, has raised $24M in a new funding round, the company announced today. YourMechanic said the round came from SoftBank Capital, Lerer Hippeau Ventures, Data Point Capital, Andreessen Horowitz, SAIC, Verizon Ventures, American Family Insurance, PG Ventures, Promus Ventures, and Silicon Valley Bank. The company has now raised $32M in total. The company, founded by Art Agrawal, offers up on-demand oil changes, brake service, belt fixes, and other services through its online marketplace.